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PENN Entertainment, Inc.

PENN

PENN Entertainment is a leading North American provider of integrated entertainment, sports media, and casino gaming across 28 jurisdictions.

Market cap
$2.83B+1.4%
Revenue$7.1B+6.4%
Net income-$957.2M-1,026%
Free cash flow-$256.8M-215%
EPS (diluted)-$6.80-997%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 6, 2026 (In 1 week)
Revenue estimate$1.9B
EPS estimate$0.35

Financials

Q1 2026

Income statement

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Revenue$1.8B+6.4%
Operating income$97.1M+127%
Net income-$2.3M-102%
EPS (diluted)-$0.02-103%

Balance sheet

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Cash & equivalents$708.0M+19.7%
Total debt$8.9B+2.6%
Total equity$1.8B-38.5%
Total assets$14.1B-6.4%

Cash flow

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Operating cash flow$122.4M+192%
CapEx$94.6M-24.4%
Free cash flow$27.8M+133%

Valuation & ratios

Valuation

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Market cap$2.83B+1.4%
Enterprise value$10.99B+0.8%
P/S0.4×0.0×

Profitability

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Operating margin-8.8%
Net margin-13.5%-15.1pp

Returns & leverage

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Return on equity-39.9%-43.1pp
Debt / equity4.8×+1.9×
Current ratio0.8×+0.1×

Segments

By segment

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Northeast$687.1M+0.9%
Interactive$358.3M+23.5%
Midwest$305.9M+8.1%
South$281.3M-2.4%
West$145.8M+12.4%

By product

See full
Gaming$1.3B+2.8%
Food and beverage$115.9M+9.2%
Hotel$62.7M+3.0%

Competitors

Profile

PENN Entertainment is a leading North American provider of integrated entertainment, sports media, and casino gaming across 28 jurisdictions. The company operates a diversified portfolio of retail gaming and racing properties complemented by a robust digital ecosystem featuring online sports betting and iCasino platforms. Its core value proposition centers on organic cross-sell opportunities between its physical locations and digital brands, supported by a proprietary technology stack and a large-scale customer loyalty program.

Competitive position

A leading omnichannel provider leveraging a proprietary technology platform and a massive loyalty database to bridge retail and digital gaming.

GeographiesUnited States, Canada
Customer segmentsMass market consumers, Premium players, Sports fans, Digital-native gamers
Business modelB2C, Physical-to-Digital Cross-sell, Licensing, Managed Services
SuppliersReal estate investment trusts (REITs), Gaming equipment manufacturers, Sports data providers, Payment processors, Regulatory bodies
CustomersIndividual retail consumers, Digital gaming subscribers, Third-party casino operators (management services)
Listed1994
Employees23.3K
CEOJay A. Snowden
FilingsSEC EDGAR

Questions, answered.

What is PENN Entertainment, Inc.'s market cap?
PENN Entertainment, Inc. (PENN) has a market capitalization of $2.8B and trades on NASDAQ.
What is PENN Entertainment, Inc.'s revenue and profitability?
PENN Entertainment, Inc. generated $7.1B in trailing twelve-month revenue with a net loss of $957.2M, representing a net margin of -13.5%, with free cash flow of -$256.8M. These figures are based on the Q1 2026 filing.
Who are PENN Entertainment, Inc.'s competitors?
PENN Entertainment, Inc.'s key competitors include Caesars Entertainment, Inc., MGM Resorts International, Flutter Entertainment plc, and others. These companies compete in similar markets and product categories.
Who does PENN Entertainment, Inc. partner with?
PENN Entertainment, Inc.'s notable partners include Gaming and Leisure Properties, Inc., VICI Properties, Inc., NASCAR Holdings LLC, and others.
What subsidiaries does PENN Entertainment, Inc. have?
PENN Entertainment, Inc.'s subsidiaries include theScore Media and Gaming, Inc., PENN Game Studios, Prairie State Gaming, and others.
Where is PENN Entertainment, Inc. headquartered?
PENN Entertainment, Inc. is headquartered in United States of America and employs approximately 23,333 people. It has been publicly traded since 1994.